Jobless Rate Below 5% in 15 States

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Eric Morath The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states ...

British Columbia Proposes Tax Break to Induce Natural Gas Development

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Chester Dawson The Canadian province of British Columbia on Tuesday introduced legislation to lighten the tax burden for natural-gas export terminals, a move aimed at spurring development of multibillion-dollar liquefied natural gas plants on the country's Pacific coast. The ...

Australian Inflation Eases in 3rd Quarter

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

SYDNEY--Australian consumer-price inflation eased in the third quarter after the conservative government removed a tax on carbon emissions, and wage growth remained weak against the backdrop of a sluggish economy. Consumer prices rose 0.5% in the third quarter from the ...

Jobless Rate Below 5% in 15 States

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states below that mark ...

Brazil Vote Shows Divide Between Classes

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By John Lyons PAULISTANA, Brazil--Like most people in this parched corner of Brazil's impoverished northeast, Bartholomew Francisco wants President Dilma Rousseff to win re-election in this nation's close presidential race on Sunday. His reason: gratitude for welfare money that is ...

Australian Inflation Eases After Carbon Tax Scrapped

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By James Glynn SYDNEY--Australian consumer-price inflation eased in the third quarter after the conservative government removed a tax on carbon emissions, and wage growth remained weak against the backdrop of a sluggish economy. Consumer prices rose 0.5% in the third ...

Japan's September Exports, Trade Deficit Edge Up

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

TOKYO--Japanese exports rebounded in September, growing 6.9% from a year earlier, the finance ministry said Wednesday, helped by the yen's descent in the reporting month and a surge in output among suppliers of Apple Inc.'s new smartphones. But the nation's ...

China Growth Slows to 7.3% -- Update

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

By Richard Silk BEIJING--China's economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results Tuesday marked a drop from the second ...

China Third-Quarter GDP Slows

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

BEIJING-China's economy grew at a slower pace in the third quarter, suggesting that the government's targeted easing measures to boost economic growth have not yielded expected results, official data showed Tuesday. China's gross domestic product rose 7.3% from a year ...

China Data Supports Oil but Bearish Sentiment Persists

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

By Eric Yep Crude-oil futures found some temporary support in Asian trade Tuesday after China's economic data came in slightly better than expected. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $83.01 ...

EU Broadens Sanctions Over Syria

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

BRUSSELS--The European Union named 16 people and two companies that will be targeted by fresh sanctions against Syrian President Bashar al-Assad's regime, including an oil-trading firm from the United Arab Emirates. The bloc's foreign ministers decided Monday to extend sanctions ...

Malaysia Regulator Denies State Fund From Voting in Banking Merger

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

By Jason Ng KUALA LUMPUR--Malaysia's stock-exchange regulator Tuesday ruled to deny the Employees Provident Fund from voting in the proposed merger of three lenders that could create a banking giant with assets of more than $183 billion. The state-owned pension ...

Bank of Russia Holds Ruble Trading Band Steady

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

By Andrey Ostroukh MOSCOW--The Bank of Russia said Tuesday it didn't shift the ruble's trading band at the beginning of this week for the first time this month as oil prices recovered slightly from October lows. The central bank said ...

U.S. Existing-Home Sales Rise 2.4%

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

WASHINGTON -- U.S. home sales reached the highest level of the year in September, a sign of halting progress in the housing market that could lift the broader economy. Sales of previously owned homes climbed 2.4% to a seasonally adjusted ...

EU Broadens Sanctions Over Syria

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

BRUSSELS--The European Union named 16 people and two companies that will be targeted by fresh sanctions against Syrian President Bashar al-Assad's regime, including an oil-trading firm from the United Arab Emirates. The bloc's foreign ministers decided Monday to extend sanctions ...

EU Charges Honeywell, DuPont in Refrigerant Case

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

BRUSSELS-European Union regulators filed formal charges Tuesday against Honeywell International Inc. and DuPont Co. over their agreements to produce the only car coolant that meets new EU rules on greenhouse-gas emissions. The European Commission, the EU's top antitrust regulator, said ...

Oil Prices Edge Higher on Chinese Data

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

By Nicole Friedman Oil prices gained on Tuesday on better-than-expected economic data from China, the No. 2 oil-consuming nation. However, prices remain near multiyear lows on ongoing concerns about high global supplies and moderate demand. After U.S. prices dipped briefly ...